Ciena Reveals 30% Revenue CAGR Target Through 2029; Optical Names Climb

Ciena reveals 30% revenue CAGR target through 2029; optical names climb

Ciena (CIEN) unveils fiscal 2029 targets: 30% revenue CAGR, 20% FCF margin and 2027 guidance.

Ciena Announces Fiscal Year 2029 Financial Targets

FULTON, Md. — Ciena® Corporation (NYSE: CIEN), the global leader in high-speed connectivity, held its Investor Forum today at its R&D facility in Ottawa, Ontario, Canada and announced its three-year financial targets. These targets are set forth below. Ciena’s three-year financial targets for fiscal year 2029 include: Revenue CAGR of approximately 30% from 2026 through […]

Ciena targets 30% revenue CAGR from 2026 to 2029 as AI demand supercharges optical networking

Ciena targets 30% revenue CAGR from 2026 to 2029, backed by a $10B backlog and surging AI-driven demand for optical networking infrastructure.